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Hind Sanitaryware move to split stock

Our Bureau

New Delhi , Dec. 26

HINDUSTAN Sanitaryware & Industries Ltd (HSIL) may soon join the growing club of Indian corporates that are opting to sub-divide their equity shares.

An EGM of the members of HSIL is to be held on January 28, 2004, to seek members' approval for split-up of existing fully paid-up equity shares of nominal face value of Rs 10 each into 2 fully paid up equity shares of nominal face value of Rs 5 each.

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